Which term refers to any plan that ties pay to productivity or profitability?
A) piecework
B) variable pay
C) merit pay
D) overtime pay

Name: Which term refers to any plan that ties pay to productivity or profitability? A) piecework B) variable pay C) merit pay D) overtime pay
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

The term variable pay refers to incentive plans that tie a group's or individual's pay to the firm's profitability or productivity. Piecework is a type of incentive plan that bases pay on output.

Which Term Refers to Any Plan That Ties Pay to Productivity